Hide Prices Under Pressure as Hebei Shuts Down

Hide Prices Under Pressure as Hebei Shuts Down

Hide prices are under pressure as the COVID-19 situation in China worsens. The Hebei Province, one of the largest tanning destinations that specializes in cow hides, has tightened restrictions due to the spread of cases. Currently, the tanneries aren’t taking any deliveries and not allowing any transit as government officials are planning to vaccinate everyone in the area within the next two weeks. The rapidly approaching Chinese New Year holiday break is further adding to the slowdown on the demand side. 


Outstanding Export Sales  —  Through December 31

Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through December 31. Through Week 52+, the total outstanding sales are 3.415 million from 3.503 million the prior week. With the same period average weekly slaughter at 607,795 head, the cumulative outstanding sales represent 5.62 weeks of production from 5.75…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets